Finance

by | January 16, 2019 | 12:45

Furthermore, Ford Thailand Manufacturing in Rayong, Thailand, may continue to build the Australian-market Ranger while also handling additional volume from the Amarok , which is now sourced locally from Argentina and Germany, depending on the variant.

by | January 16, 2019 | 07:58

Trump's $12 billion taxpayer bailout for farmers to weather the trade war is also on hold during the shutdown because the Department of Agriculture isn't being funded. The partial government shutdown, now the longest on record, has suspended some federal aid for farmers - including subsidies for farmers hit by the president's tariffs.

by | January 16, 2019 | 06:31

The Denver Post reports that association president Josh Waggener says staff shortages could develop at the Denver International Airport if air traffic controllers and Transportation Security Administration screeners seek other jobs or retire.

by | January 16, 2019 | 06:30

Goldcorp shareholders will receive 0.328 of a Newmont share for their stock. Goldcorp said Monday it produced 2.3 million ounces past year, while Newmont has forecasted between 4.9 million and 5.2 million ounces for 2018. Newmont also plans to pay 2 cents for each Goldcorp share. The Americas-focused producer is worth around a quarter of its peak value in 2011 and is trading at a 17-year low of $9.69 per share.

by | January 16, 2019 | 05:25

The UK pound was highly volatile after British members of parliament rejected prime minister Theresa May's Brexit deal by a wide margin. The loss by 230 votes far exceeds the previous record for a defeat which was held by the Labour government of Ramsay Macdonald, crushed by 166 votes in 1924.

by | January 16, 2019 | 05:11

USA officials were in Beijing last week for talks aimed at ending the bruising trade confrontation that has subjected more than $350 billion in two-way trade to steep tariffs. A weak volume of imports precedes a further decline in exports and threaten to turn into an even greater slowdown of the Chinese economy. China's global trade volume rose previous year but its surplus with the world fell 16.2% to $351.76 billion in 2018, as imports rose 15.8% while exports gained 9.9%.

by | January 16, 2019 | 05:12

Alexandria Ocasio-Cortez (D., N.Y.) on Monday, waving his hand and saying "who cares". As economists and historians hastened to point out after Ocasio-Cortez first floated the idea of raising the top marginal tax rate on the ultra-wealthy to 70 percent, similar and even higher rates were the norm for much of the 20th century.

by | January 15, 2019 | 13:47

The TSA noted that it will "hold those responsible appropriately accountable". The was no word whether that includes the passenger being arrested. The flight was traveling from Atlanta Hartsfield-Jackson International Airport to Tokyo Narita International Airport.

by | January 14, 2019 | 23:59

Cadillac is expected to benefit from the various body styles that can easily and quickly be spun off the basic architecture, which is similar in concept to the GM Autonomy "skateboard" chassis it debuted in 2002. The platform is the familiar skateboard design where a flat battery sits in the floor and electric motors are mounted at the axles, and GM has said that BEV3 will be able to offer more than 300 miles of range.

by | January 14, 2019 | 21:24

The utility said bankruptcy was the best way forward for employees and those who are claiming losses from wildfires that may have been caused by its power lines. Investors might avoid the company if questions around that risk remain unanswered. Three months later, however, the utility's equipment again was being looked at as a possible source of the Camp Fire, which killed 86 people and destroyed the town of Paradise.

by | January 13, 2019 | 21:14

However, the results also "produced the largest year-on-year decline since the 3Q16 and capped the full year at a almost flat rate of -0.4 percent", Newsbytes reported. Also weighing on the market were political and economic uncertainties among small- and midsize businesses. American PC shipments fared worse than the global market, shedding 4.5 per cent year-on-year in Q4 to 14.2 million units.

by | January 13, 2019 | 14:42

Carlos Ghosn's chances of getting out of jail anytime soon took a serious blow on Friday after he was indicted for a second time by Japanese prosecutors building their case against the fallen vehicle executive, who was detained nearly two months ago.

by | January 13, 2019 | 13:56

The Model 3, on the other hand, will be offered with no fewer than three batteries plus rear- and all-wheel drive. That Lexus luxury SUV (which is made by Toyota) finished 2018 second on the list of best-selling luxury vehicles , followed by more luxury SUVs like the Mercedes-Benz GLC (an estimated 62,435 units sold) and the Audi Q5 (61,835 units), according to Kelley Blue Book .

by | January 12, 2019 | 19:15

Crude oil prices appeared headed lower Thursday after a US report showed a lower-than-expected inventory draw, and also as trade talks earlier this week between China and the United States did not show a clear direction. Oil has ticked upwards again today for its eighth straight session as Opec cuts in the New Year and hopes US-China trade talks pushed prices up. Oil prices edged up on Thursday, extending its gains for the ninth consecutive day, as Saudi Arabia announced output reduction ...

by | January 12, 2019 | 18:02

A union that represents thousands of USA air traffic controllers filed a lawsuit against the federal government on Friday claiming its failure to pay the workers during an ongoing partial government shutdown could endanger passengers' safety.

by | January 12, 2019 | 13:17

That pledge, addressing a trade deficit in goods, was however mentioned only at the end of the statement which focused on the United States demands for structural changes to China's domestic policies. It's unclear from the United States statement how much headway negotiators made regarding United States concerns over forced technology transfers and cybertheft of trade secrets for commercial purposes.

by | January 11, 2019 | 23:14

But in a recent interview with CNBC , Apple CEO Tim Cook disagrees with the idea that the iPhone XR has been a flop. The firm's most expensive handset, the XS Max, will feature a triple rear camera and the lower-priced models will be equipped with a double rear camera, sources told the paper.

by | January 11, 2019 | 23:10

On Tuesday , Unifor National President, Jerry Dias met with GM officials in Detroit to discuss options the union had submitted last month to keep the plant open. "But at least he's fighting", said Dias. GM confirmed it has no plans to build vehicles in the Oshawa plant after the end of 2019, which is part of a broad restructuring announced in November.

by | January 11, 2019 | 21:46

He said an "extended" shutdown would show up in economic data "pretty quickly" and, since it shutters some agencies that provide economic data, it would also make the picture of the economy less clear for the Fed. The Fed chief was also asked about the partial US government shutdown. The Fed's communications - and a Bloomberg News report that President Donald Trump had discussed firing Powell - helping bring on the worst December for stocks since the Great Depression.

by | January 11, 2019 | 08:14

Samsung estimated profit at about 10.8 trillion won ($9.67 billion) for October-December last year, down 29 percent from the same period a year earlier. Samsung shares lost 24 per cent past year, capping its worst performance since 2000, as the stock took a beating from sliding chip prices and a slowdown in fresh smartphone demand.

by | January 10, 2019 | 18:39

Giving up, Lutes reached the conclusion that the coin was worthless, but kept it in his coin collection nevertheless for the next 70 years. Don Lutes, Jr., of Pittsfield, Massachusetts, found the bronze 1943 Lincoln cent in the change he was given at his school cafeteria in 1947, according to sellers Heritage Auctions .

by | January 10, 2019 | 09:43

The Chinese Ministry of Commerce issued a statement saying the two sides had "detailed exchanges" and would "maintain close contact" but gave no details. One of the biggest challenges to any deal would be to ensure that China enforces whatever is agreed to stop technology transfers, intellectual property theft and hacking.

by | January 09, 2019 | 20:55

On Dec. 14, the Wet'suwet'en hereditary chiefs issued a statement saying they were deeply concerned by the National Energy Board's decision denying their request to participate in a jurisdictional challenge to the permits issued to TransCanada's Coastal GasLink pipeline project, which would cross Wet'suwet'en territories.

by | January 09, 2019 | 18:56

No details were immediately announced, but Asian stock markets rose after talks planned for two days were extended to three. The talks that started Monday were the first face-to-face meeting since Trump and his Chinese counterpart, Xi Jinping, agreed December 1 to suspend further punitive action against each other's imports for 90 days while they negotiate over the fight sparked by American complaints Beijing steals or pressures companies to hand over technology.

by | January 09, 2019 | 08:44

Once again, the Organization of the Petroleum Exporting Countries' (OPEC) newly-implemented output cuts were credited for crude prices rising yet again on Monday: Brent rose 27 cents to settle at $57.33 per barrel, while West Texas Intermediate rose 56 cents to settle at $48.52 per barrel.